First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID) Short Interest Down 60.5% in June

Posted by on Jun 29th, 2026

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ:GRID – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 230,352 shares, a drop of 60.5% from the May 31st total of 583,206 shares. Based on an average daily trading volume, of 690,609 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Trading of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Morgan Stanley lifted its position in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 30.7% during the fourth quarter. Morgan Stanley now owns 2,948,976 shares of the company’s stock worth $451,252,000 after purchasing an additional 691,924 shares in the last quarter. LPL Financial LLC grew its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 42.1% in the fourth quarter. LPL Financial LLC now owns 1,699,802 shares of the company’s stock valued at $260,104,000 after purchasing an additional 503,963 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 47.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,527,000 shares of the company’s stock valued at $233,662,000 after purchasing an additional 490,000 shares in the last quarter. Cetera Investment Advisers increased its stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 160.5% during the 1st quarter. Cetera Investment Advisers now owns 568,057 shares of the company’s stock worth $92,923,000 after buying an additional 349,964 shares during the period. Finally, Bank of America Corp DE increased its stake in First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund by 19.1% during the 1st quarter. Bank of America Corp DE now owns 2,121,584 shares of the company’s stock worth $347,049,000 after buying an additional 340,826 shares during the period.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Stock Performance

Shares of NASDAQ GRID traded up $3.25 during trading on Monday, reaching $188.36. The stock had a trading volume of 343,368 shares, compared to its average volume of 700,815. The company has a market cap of $9.88 billion, a P/E ratio of 23.47 and a beta of 1.26. First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund has a fifty-two week low of $137.37 and a fifty-two week high of $199.99. The business’s 50-day moving average price is $190.70 and its 200-day moving average price is $173.77.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be issued a dividend of $0.7555 per share. This is a positive change from First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund’s previous quarterly dividend of $0.10. The ex-dividend date is Thursday, June 25th. This represents a $3.02 dividend on an annualized basis and a yield of 1.6%.

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund Company Profile

(Get Free Report)

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (the Fund) seeks investment results, which correspond to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (the Index). The Fund focuses to invest at least 90% of its net assets in common stocks, which comprises the Index or in depositary receipts, which may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively Depositary Receipts) representing securities in the Index.

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